Caveat Emptor: Latin phrase anyone importing a boat should understand

Boating

12:51 AM Sun 5 Dec 2010 GMT

'Don't believe descriptions given on-line - your import's hull may look like this.' John Heselwood

There?s been quite a bit of talk recently about ?grey imports?, in other words boats imported, most commonly from the United States and shipped in by either individuals, brokers or even, in some cases, marine dealerships. Quite often, these boats have been sourced from bankrupt dealerships or brokerages, or perhaps from US dealers overstocked on some models. With the current strong Australian dollar against the US greenback, I guess one can?t blame people for trying to obtain the boat of their dreams at an affordable price, but believe me, it really is a case of Caveat Emptor, loosely translated, ?let ...

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by Bob Wonders

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